Following John McCain's concession of Michigan, an analysis of the Intrade.com Presidential Futures market state-by-state data shows Barak Obama inching closer to the 271 Electoral College votes needed to predict him the winner of the 2008 Presidential race. Investors now predict Obama will take Michigan. In addition, New Mexico is also now predicted to go to Obama. As of today, Obama is predicted to garner 265 Electoral College votes to McCain's 158 votes, leaving 115 votes to close to call.

These shifts leave only Florida, Ohio, Indiana, Virginia, North Carolina, New Hampshire, Nevada, Colorado, and Missouri in play. As of today, with the exception of Nevada and New Hampshire, Obama only needs to pick up one of the remaining states to be predicted the winner in November.